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FBP| Name | Value |
|---|---|
| Revenues | 224.7M |
| Cost of Revenue | 0.0M |
| Gross Profit | 224.7M |
| Operating Expense | -123.8M |
| Operating I/L | 100.9M |
| Other Income/Expense | -14.5M |
| Interest Income | 252.2M |
| Pretax | 100.9M |
| Income Tax Expense | 30.3M |
| Net Income/Loss | 70.7M |
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico, offering a range of financial services to retail, commercial, and institutional clients. The company generates revenue through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. Its offerings include commercial loans, residential mortgage origination and servicing, consumer loans and deposit products, funding and liquidity management services, as well as traditional and internet banking services. With 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in Florida, the company has a strong presence in the region.
